Why did this coin failed?
In a nutshell, it failed because of the egos of certain recently added team members (now gone) who felt it necessary to throw the roadmap out the window, lie to the community, freeze coins, and release untested code, all of which caused complete chaos, a delisting, a massive sell-off, a broken blockchain, people losing coins, not getting rewards, and no exchanges working. Until about the month ago the coin was doing just fine after more than 18 months.
Efforts are being made to recover from this complete incompetence because of its large 20k discord community, but the damage is done. As with many things, you often only get one chance to prove your worth and this coin has failed that test sadly.
There will always be rogue elements in any movement, we deal with it, adapt, evolve and move on. B3 is an honest coin ,with honest community ,and honesty always wins,that is universally proven law of our collective human experience so far....
Here is the latest information from Discord ....
D4NNY - Today at 7:36 PM
https://drive.google.com/file/d/1veUuqcJHRxCkDdnogKLtnxdly9W9JeyR/view?usp=sharing(edited)
Google Docs
Coin Swap FAQs.pdf
Coin Swap FAQs
As many have known for a while now a coin swap was presented as a solution to the supply issue. We are glad to answer that we have applied the coin swap, simply put it is
a virtual coin swap with the ratio of 1,000 B3 to 1 Kilo B3. The new wallet, 3.0.0.5, will use the Kilo B3 representation. The new wallet is a soft fork, which means you do not
need to update your wallet, but it is highly recommended. People that continue to use the old wallet will see the coin representation as B3 (so 1,000 b3 rather than the 1 KB3).
You will be able to send coins anywhere whether you are on the new wallet (3.0.0.5) or the old wallet (3.0.0.4), but be aware that depending on the wallet you are on you will
see a different amount. Example, You are on the new wallet (3.0.0.5) and you send 1 KB3 to your friend on the old wallet (3.0.0.4) he will see 1,000 B3. All exchanges will be
using the KB3 coin.
F.Y.I: The new wallet is not yet ready for download. This is just to explain what the coin swap has done.
Let’s rephrase - here is the latest disaster from discord:
So lets review. The blockchain isn’t working, no exchanges are working, there is no relevant website, and instead of focusing on those key things there is an announcement about a coin swap that has just been implemented without any advanced notice.
So it seems the team implemented a coin swap before fixing the blockchain or the exchanges, you can be sure the price now stuck at 0.1 sat (because it can’t go lower) has now the opportunity to drop 1000 points further. A coin swap could be a good idea, but only once all those other issues are sorted and there is at least some positive momentum. So a coin swap has rolled out without any warning compounding all the other issues and creating more chaos and uncertainty.
This is not the time to play with new ideas but to fix the basics. The team needs to get its act together.
Here are my previous comments to you...
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"I had requested for you to go away and come back in a years time.
While being away, educate yourself in the state of affairs in the worlds finances, and ask where your energy should be directed towards.
You are attacking the the very movement that is trying to find pathways to help humanity break free from the current state of affairs.
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The best thing you can do at this point in time is go away and come in a years time and revisit the above statements.While you are away, utilise your skills exposing the fiat scams that has the world firmly in its matrix.
One of the first things you ought to do is change the way FED fed passes the entry on the books where any new borrowings by our elected governments are passed as credit to our beloved banks and as a debit to us, currently amounting to 20 trillion dollars and counting.
Once you have achieved that task with your brilliant analytical skills, dig deeper and find out who owns privately held Fed, and you will be pleasantly surprised when you complete full circle of the matrix.
If you have some spare time in a year , as you are obviously a very high achiever, see how much additional money the banks have printed with these free credits as additional loans to us, as FED has stopped advising that figure since the gold standard was removed, as they have no idea.
As a stretch targets, so that we could allocate you the top marks for your performance, firstly, be the first one ever in history to have the FED books audited and secondly see how much of this colossal loots stored in tax havens is driving the most valuable Crypto out of reach of normal people (considering most of the cryptos do not have mass adaption and utilisation or real use case at the moment).
If you are struggling for clues, see the relationship between crypto anonymity and tax havens, as now with Crypto, you can have private tax haven in office, so that these freely created unaccounted money stored in tax havens is finding a new legitimate home called Cryptosphere.
This matrix is adapting and evolving and tightening its grips but coins like B3 can rise to the occasion, keep store of value low , seek mass adaption and utilisation through high circulation, and keep the individual financial freedom and healthy environment dream alive for vast majority of humanity.
We as individuals have much bigger fish to fry..we need as much time as possible (rather than slaving 24/7, as a matrix design for fiat masters for basic essentials) to explore our internal and external worlds to understand life for ourselves and our loved ones. Maybe we are eternal beings capable of existence 'at will' in all multiverses..and that kind of self knowledge is not conducive for control.
Only the non enlightened movement seeks to control and fiat has never been enlightened movement (maybe started as barter system but that history now..).
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New comment.....
Team B3 is addressing multiple procedures and processes as deem appropriate and as voiced by majority of the community. If you are so brilliant at prioritising fixes, go prioritise fixes for fiat as I had requested earlier. Looks like you cannot stay away, you must be part of the unlucky 99% that have not made it in fiat scam ,so you need to vent your frustration here as fiat scammers are not listening and valuing your brilliant mind...go ahead, I am listening (although I had asked you to come back in a years time before passing judgement on Team B3).